72°F
weather icon Clear
Uber falls 7% below initial offering, valued $82B

Uber began trading as a public company at $42 per share Friday, nearly 7% below its initial public offering price on an already volatile day for the markets.

Uber shifts into lower gear, prices IPO at $45

The world’s leading ride-hailing service set the stage for Friday’s long-awaited initial public offering with a price that sets its market value at $82.4 billion.